T.CCO: to suspend production from McArthur River and Key Lake operations and reduce its dividend

Cameco (TSX: CCO; NYSE: CCJ) announced today that due to continued uranium price weakness, production from the McArthur River mining and Key Lake milling operations in northern Saskatchewan will be temporarily suspended by the end of January 2018 and that the company’s annual dividend will be reduced to $0.08 per common share in 2018. “With the …

V.PLU: Completes Non-Brokered Private Placement

Plateau Uranium Inc. (“Plateau Uranium” or the “Company“) (TSX VENTURE:PLU) (FRANKFURT:QG1), a Lithium/Uranium development company, is pleased to announce that it has completed a non-brokered private placement (the “Financing”). The Company issued and sold approximately 6.0 million units (“Units”) at a price of C$0.30 per Unit, raising gross proceeds of C$1.8 million. Each Unit consisted …

T.UEX: Seeks to Unlock Value of Cobalt-Nickel Deposit

UEX Corporation (UEX:TSX) (“UEX” or the “Company”) is pleased to announce that the Company is currently evaluating opportunities to enhance shareholder value through its 100% owned West Bear Cobalt-Nickel Prospect located on the Hidden Bay Project, immediately east of the West Bear Uranium Deposit (“WBU Deposit”). The West Bear Co-Ni Prospect was discovered by the …

T.U: Reports Uranium Purchases and Estimated Net Asset Value at October 31, 2017

TORONTO, ONTARIO–(Marketwired – Nov. 6, 2017) – Uranium Participation Corporation (“UPC”) (TSX:U) reports its estimated net asset value at October 31, 2017 was CAD$436.6 million or CAD$3.30 per share. As at October 31, 2017, UPC’s uranium investment portfolio consisted of the following: (in thousands of Canadian dollars, except quantity amounts) Quantity Fair Value Investments in Uranium: …

T.EFR:  Announces Q3-2017 Results

Energy Fuels Inc. (NYSE American:UUUU; TSX:EFR) (“Energy Fuels” or the “Company”), today reported its financial results for the quarter ended September 30, 2017. The Company’s quarterly report on Form 10-Q has been filed with the U.S. Securities and Exchange Commission (“SEC”), and may be viewed on the Electronic Document Gathering and Retrieval System (“EDGAR”) at www.sec.gov/edgar.shtml, …

T.EFR: to Sell Non-Core Uranium Properties in Wyoming for $5.39 Million

Energy Fuels Inc. (NYSE American: UUUU; TSX: EFR) (“Energy Fuels” or the “Company”), a leading producer of uranium in the United States, is pleased to announce that it has entered into an agreement to sell certain non-core uranium properties in Wyoming to Uranium Energy Corp. (“UEC”) for $5.39 million, including $2.94 million of cash and …

T.DML: Completes Summer Drilling at Wheeler

TORONTO, ONTARIO–(Marketwired – Nov. 2, 2017) – Denison Mines Corp. (“Denison” or the “Company”) (TSX:DML)(NYSE American:DNN)(NYSE MKT:DNN) is pleased to report the extension of new high-grade unconformity-hosted uranium mineralization located up-dip and approximately 250 metres along strike to the northeast of the basement-hosted Gryphon deposit, on the Company’s 60% owned Wheeler River project. Preliminary radiometric equivalent …

“Prices are now so low that most uranium mines are losing money on every pound they sell at spot pricing”

Respected analyst Marin Katusa says he is making the uranium sector one of the biggest bets of his career, tipping a uranium price rise of 50%-100% within the next three years. In a Katusa Research Uranium Outlook 2018 report, the founder said uranium spot pricing was below levels set in the 2008 financial crisis and …

T.DML: Reports Q3 2017 Results

TORONTO, ONTARIO–(Marketwired – Oct. 31, 2017) – Denison Mines Corp. (“Denison” or the “Company”) (TSX:DML)(NYSE American:DNN)(NYSE MKT:DNN) today filed its Consolidated Financial Statements and Management’s Discussion & Analysis (“MD&A”) for the period ended September 30, 2017. Both documents are available on the Company’s website at www.denisonmines.com or on SEDAR (at www.sedar.com) and EDGAR (at www.sec.gov/edgar.shtml). The highlights below are derived from …